Prakash Pipes Limited — Important, 18-02-2026: Disclosure of material issue
18-02-2026 | 05:10 pm
18-02-2026 | 05:10 pm
Prakash Pipes (PPL) announced that Prakash Industries, a promoter group entity, has fully repaid the ₹75 Cr loan to PPL. This move strengthens PPL's balance sheet by recovering funds and reduces related-party exposure. The company noted the original loan was conducted on an arm’s length basis and had all necessary audit committee and board approvals. #PrakashPipes #PPL #RelatedPartyTransaction #BalanceSheet
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